The Crash of 2008 and What It Means: The New Paradigm for Financial Markets by George Soros

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(Paperback - Large Prin)

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  • Publisher: Perseus Publishing
  • Pub. Date: May 2008
  • ISBN-13: 9781586487133
  • Sales Rank: 216,271
  • 240pp
  • Edition Description: Large Prin
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Paperback - Revised$11.96
 
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Synopsis

A New York Times bestseller on the financial crisis—now updated to address the current economic landscape

The Washington Post - Peter Behr

George Soros is a billionaire speculator whose voice is amplified by real money. His distaste for the Bush administration runs deep: He put millions of dollars into Sen. John Kerry's 2004 presidential campaign. Yet his account of the credit crash is personal and revealing, not mere political bashing.

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Biography

George Soros is chairman of Soros Fund Management and is the founder of a global network of foundations dedicated to supporting open societies. He is the author of several best-selling books including The Bubble of American Supremacy, Underwriting Democracy, and The Age of Fallibility. He was born in Budapest and lives in New York City.

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  • Ratings: 1

Must Haveby Godthedyslexicdog

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May 25, 2009: I'm a novice when it comes to finances. I bought this book to get his unique perspective of what caused the crash of 2008. I want to protect my remaining assests, so I'm looking for answers. No! I wanted to know the future.

I admire the insight provided by his own performance evaluation, on page 158, where he reveals his mistakes and successes. He also admitted he can't predict the future. His genius lies in his philosophy of reflexivity, not in predicting the future. He provides the tools so you can navigate through reality. I love his constant admonishment that there are only two factors to consider,"reality and the mis-interpretation of reality".

Anyone who questions reality as much as Mr. Soros is not a failed philosopher, but a well balanced philosopher. I come from the school that believes that the question is more revealing than the answer. The framework for the main question isn't should you read Mr. Soros's newest book, but should you purchase his newest book? I recommend a purchase so you can refer to it anytime you need to.

Like renting a video of a movie instead of watching it on the big screen as it was intended, this book deserves a cherished spot on your bookshelf.

Opintionated, filled with grandeur, George tells the rest of us lowly wage slaves how he and his eliby unclemark

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May 24, 2009: I was determined to start this with an open mind; however, it isn't long before the reader realizes that the author views himslf as a prophet, providing lengthy chapters explaining why the wiorld should be run as he and his cohorts wish. The book presents opinion as fact; lioke much propaganda, the information presented is mainly true and verifiable; his "spin" is what changes fact to information for the stupid proletariat from a Messiah-like figure. Tough to read without constantly thinking "who does this guy think he is?!". I'm glacd I read it, because it explains the Obama administration.